##### 



Exhibit 99.1 Volkswagen
Auto Lease Trust 2005-A
MONTHLY SERVICER CERTIFICATE
For the collection period ended 1-28-2006
    
    Input
    
    PAGE 1
 A.
    
    DATES
    
    
    Begin
    
    
    End
    
    
    # days1
    
    Determination Date
    
    
    
    
    
    
    2/16/20062
    
    Payment Date
    
    
    
    
    
    
    2/21/20063
    
    Collection Period
    
    
    12/27/2005
    
    
    
    1/28/2006
    
    
    
    334
    
    Monthly Interest Period - Actual
    
    
    1/20/2006
    
    
    
    2/20/2006
    
    
    
    325
    
    Monthly Interest - Scheduled
    
    
    
    
    
    
    
    
    
    
    30
 B.
    
    SUMMARYPrincipal PaymentInitial Balance
    
    Beginning Balance
    
    1st Priority
    
    Regular
    
    Ending Balance
    
    Note Factor6
    
    Class A-1 Notes
    
    
    425,000,000.00
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    7
    
    Class A-2 Notes
    
    
    420,000,000.00
    
    
    
    335,660,250.37
    
    
    
    
    
    56,324,292.41
    
    
    
    279,335,957.96
    
    
    
    0.66508568
    
    Class A-3 Notes
    
    
    485,000,000.00
    
    
    
    485,000,000.00
    
    
    
    
    
    
    
    
    
    485,000,000.00
    
    
    
    1.00000009
    
    Class A-4 Notes
    
    
    170,000,000.00
    
    
    
    170,000,000.00
    
    
    
    
    
    
    
    
    
    170,000,000.00
    
    
    
    1.000000010
    
    Certificates
    
    
    185,393,258.00
    
    
    
    185,393,258.00
    
    
    
    
    
    
    
    
    
    185,393,258.00
    
    
    
    1.000000011
    
    Equals: Total Securities
    
    $
    1,685,393,258.00
    
    
    $
    1,176,053,508.37
    
    
    $
    
    $
    56,324,292.41
    
    
    $
    1,119,729,215.9612
    
    Total Securitization Value
    
    $
    1,685,393,258.00
    
    
    $
    1,209,761,374.37
    
    
    
    
    
    
    
    
    $
    1,153,437,081.96
 Per $1000
    
    Principal & Interest
    
    Per $1000Coupon Rate
    
    Interest Pmt Due
    
    Face Amount
    
    Payment Due
    
    Face Amount13
    
    Class A-1 Notes
    
    
    
    
    2.9850
    %
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    14
    
    Class A-2 Notes
    
    
    
    
    3.5200
    %
    
    
    984,603.40
    
    
    
    2.9333333
    
    
    
    57,308,895.81
    
    
    
    170.734830115
    
    Class A-3 Notes
    
    
    
    
    3.8200
    %
    
    
    1,543,916.67
    
    
    
    3.1833333
    
    
    
    1,543,916.67
    
    
    
    3.183333316
    
    Class A-4 Notes
    
    
    
    
    3.9400
    %
    
    
    558,166.67
    
    
    
    3.2833333
    
    
    
    558,166.67
    
    
    
    3.2833333Equals: Total Securities
    
    
    
    
    
    
    
    
    3,086,686.73
    
    
    
    
    
    
    
    59,410,979.14
 C.
    
    COLLECTIONS AND AVAILABLE FUNDS17
    
    Lease Payments Received
    
    
    
    
    
    
    27,391,954.3118
    
    Sales Proceeds - Early Terminations
    
    
    
    
    
    
    14,705,257.8319
    
    Sales Proceeds - Scheduled Terminations
    
    
    
    
    
    
    19,427,766.3820
    
    Security Deposits for Terminated Accounts
    
    
    
    
    
    
    189,625.0021
    
    Excess Wear and Tear Received
    
    
    
    
    
    
    104,777.7022
    
    Excess Mileage Charges Received
    
    
    
    
    
    
    275,870.2623
    
    Other Recoveries Received
    
    
    
    
    
    
    1,726,301.6224
    
    Subtotal: Total Collections
    
    
    
    
    
    
    63,821,553.1025
    
    Repurchase Payments
    
    
    
    
    
    
    26
    
    Postmaturity Term Extension
    
    
    
    
    
    
    27
    
    Investment Earnings on Collection Account
    
    
    
    
    
    
    246,254.3128
    
    Total Available Funds, prior to Servicer Advances
    
    
    
    
    
    
    64,067,807.4129
    
    Servicer Advance
    
    
    
    
    
    
    30
    
    Total Available Funds
    
    
    
    
    
    
    64,067,807.4131
    
    Reserve Account Draw
    
    
    
    
    
    
    32
    
    Available for Distribution
    
    
    
    
    
    
    64,067,807.41


D.
    
    DISTRIBUTIONS33
    
    Payment Date Advance Reimbursement
(Item 77)
    
    
    
    
    
    
    34
    
    Servicing Fee (Servicing and Administrative Fees paid pro rata):35
    
    Servicing Fee Shortfall from Prior Periods
    
    
    
    
    
    
    36
    
    Servicing Fee Due in Current Period
    
    
    
    
    
    
    1,008,134.4837
    
    Servicing Fee Shortfall
    
    
    
    
    
    
    
    
    
    
    
    38
    
    Administration Fee (Servicing and Administrative Fees paid pro rata):39
    
    Administration Fee Shortfall from Prior Periods
    
    
    
    
    
    
    40
    
    Administration Fee Due in Current Period
    
    
    
    
    
    
    5,000.0041
    
    Administration Fee Shortfall
    
    
    
    
    
    
    42
    
    Interest Paid to Noteholders
    
    
    
    
    
    
    3,086,686.7343
    
    First Priority Principal
Distribution Amount
    
    
    
    
    
    
    44
    
    Amount Paid to Reserve Account to
Reach Specified Balance
    
    
    
    
    
    
    45
    
    Subtotal: Remaining Available Funds
    
    
    59,967,986.2046
    
    Regular Principal Distribution Amount
    
    
    56,324,292.4147
    
    Regular Principal Paid to
Noteholders (lesser of Item 45 and Item 46)
    
    
    
    
    
    
    56,324,292.4148
    
    Other Amounts paid to Trustees
    
    
    
    
    
    
    49
    
    Remaining Available Funds
    
    
    
    
    
    
    3,643,693.79






---



##### 



Volkswagen
Auto Lease Trust 2005-A
MONTHLY SERVICER CERTIFICATE
For the collection period ended 1-28-2006
    
    
    
    PAGE 2
 E.
    
    CALCULATIONS50
    
    Calculation of First Priority Principal Distribution Amount:51
    
    Outstanding Principal Amount of the
Notes (Beg. of Collection Period)
    
    
    
    
    
    
    990,660,250.3752
    
    Less: Aggregate Securitization
Value (End of Collection Period)
    
    
    
    
    
    
    (1,153,437,081.96
)53
    
    First Priority Principal
Distribution Amount (not less than zero)
    
    
    
    
    
    
    54
    
    Calculation of Regular Principal
Distribution Amount:55
    
    Outstanding Principal Amount of the
Notes (Beg. of Collection Period)
    
    
    
    
    
    
    990,660,250.3756
    
    Less: First Priority Principal
Distribution Amount
    
    
    
    
    
    
    57
    
    Less: Targeted Note Balance
    
    
    
    
    
    
    (934,335,957.96
    )58
    
    Regular Principal Distribution Amount
    
    
    
    
    
    
    56,324,292.4159
    
    Calculation of Targeted Note
Balance:60
    
    Aggregate Securitization Value (End
of Collection Period)
    
    
    
    
    
    
    1,153,437,081.9661
    
    Less: Targeted
Overcollateralization Amount (13% of Initial Securitization Value)
    
    
    
    
    
    
    (219,101,124.00
    )62
    
    Targeted Note Balance
    
    
    
    
    
    
    934,335,957.9663
    
    Calculation of Servicer Advance:64
    
    Available Funds, prior to Servicer
Advances (Item 28)
    
    
    
    
    
    
    64,067,807.4165
    
    Less: Payment Date Advance
Reimbursement (Item 77)
    
    
    
    
    
    
    66
    
    Less: Servicing Fees Paid (Items
35, 36 and 37)
    
    
    
    
    
    
    1,008,134.4867
    
    Less: Administration Fees Paid
(Items 38, 39 and 40)
    
    
    
    
    
    
    5,000.0068
    
    Less: Interest Paid to Noteholders
(Item 42)
    
    
    
    
    
    
    3,086,686.7369
    
    Less: 1st Priority Principal
Distribution (Item 43)
    
    
    
    
    
    
    70
    
    Equals: Remaining Available Funds before Servicer Advance (If < 0, Available Funds Shortfall)
    
    
    
    
    
    
    59,967,986.2071
    
    Monthly Lease Payments Due on Included Units but not received (N/A if Item 70 > 0)
    
    
    
    
    
    
    N/A72
    
    Servicer Advance (If Item 70
< 0, lesser of Item 71 and absolute value of Item 70, else 0)
    
    
    
    
    
    
    73
    
    Total Available Funds after
Servicer Advance (Item 70 plus Item 72)
    
    
    
    
    
    
    59,967,986.2074
    
    Reserve Account Draw Amount (If
Item 73 is < 0, Lesser of the Reserve Account Balance and Item 73)
    
    
    
    
    
    
    75
    
    Reconciliation of Servicer Advance:76
    
    Beginning Balance of Servicer Advance
    
    
    
    
    
    
    77
    
    Payment Date Advance Reimbursement
    
    
    
    
    
    
    78
    
    Additional Payment Advances for current period
    
    
    
    
    
    
    79
    
    Ending Balance of Payment Advance
    
    
    
    
    
    
    
 F.
    
    RESERVE ACCOUNT80
    
    Reserve Account Balances:81
    
    Specified Reserve Account Balance
(1% of Initial Securitized Value)
    
    
    
    
    
    
    16,853,932.5882
    
    Initial Reserve Account Balance
    
    
    
    
    
    
    16,853,932.5883
    
    Beginning Reserve Account Balance
    
    
    
    
    
    
    16,853,932.5884
    
    Plus:  Net Investment Income for the Collection Period
    
    
    
    
    
    
    60,364.8985
    
    Subtotal:  Reserve Fund Available for Distribution
    
    
    
    
    
    
    16,914,297.4786
    
    Plus:  Deposit of Excess Available
Funds to reach Specified Balance (Item 44)
    
    
    
    
    
    
    87
    
    Less:  Reserve Account Draw Amount
(Item 74)
    
    
    
    
    
    
    88
    
    Subtotal Reserve Account Balance
    
    
    
    
    
    
    16,914,297.4789
    
    Less: Excess Reserve Account Funds
to Transferor (If Item 88 > Item 81)
    
    
    
    
    
    
    60,364.8990
    
    Equals: Ending Reserve Account Balance
    
    
    
    
    
    
    16,853,932.5891
    
    Change in Reserve Account Balance from Immediately Preceding Payment Date
    
    
    
    
    
    
    92
    
    Current Period Net Residual Losses:
    
    Units
    
    
    Amounts93
    
    Aggregate Securitization Value for Scheduled Terminated Units
    
    
    1,211
    
    
    
    22,906,812.1394a
    
    Less: Aggregate Sales Proceeds for
Current Month Scheduled Terminated Units
    
    
    
    
    
    
    (19,552,341.38
    )94b
    
    Less: Aggregate Sales
Proceeds/Recoveries for Prior Month Scheduled Terminated Units
    
    
    
    
    
    
    (1,629,086.26
    )95
    
    Less: Excess Wear and Tear Received
    
    
    
    
    
    
    (104,777.70
    )96
    
    Less: Excess Mileage Received
    
    
    
    
    
    
    (275,870.26
    )97
    
    Current Period Net Residual Losses/(Gains)
    
    
    1,211
    
    
    
    1,344,736.5398
    
    Cumulative Net Residual Losses:99
    
    Beginning Cumulative Net Residual Losses
    
    
    6,432
    
    
    
    14,617,576.57100
    
    Current Period Net Residual Losses
(Item 97)
    
    
    1,211
    
    
    
    1,344,736.53101
    
    Ending Cumulative Net Residual Losses
    
    
    7,643
    
    
    
    15,962,313.10102
    
    Cumulative Net Residual Losses/(Gains) as a % of Aggregate Initial Securitization Value
    
    
    
    
    
    
    0.95
    %




---



##### 



Volkswagen
Auto Lease Trust 2005-A
MONTHLY SERVICER CERTIFICATE
For the collection period ended 1-28-2006
    
    
    
    PAGE 3
 
 G.
    
    POOL STATISTICS103
    
    Collateral Pool Balance Data
    
    
    
    
    
    Initial
    
    
    Current104
    
    Initial Aggregate Securitization Value
    
    
    
    
    
    
    1,685,393,258
    
    
    
    1,153,437,082105
    
    Number of Current Contracts
    
    
    
    
    
    
    72,157
    
    
    
    56,893106
    
    Weighted Average Lease Rate
    
    
    
    
    
    
    3.59
    %
    
    
    3.54
    %107
    
    Average Remaining Term
    
    
    
    
    
    
    27.48
    
    
    
    16.60108
    
    Average Original Term
    
    
    
    
    
    
    42.98
    
    
    
    43.25109
    
    Monthly Prepayment Speed
    
    
    
    
    
    
    
    
    
    
    81.25
    %Units
    
    
    Book Amount
    
    
    Securitization Value110
    
    Pool Balance - Beginning of Period
    
    
    58,869
    
    
    
    1,315,279,698
    
    
    
    1,209,761,374111
    
    Depreciation/Payments
    
    
    
    
    
    
    (19,598,653
    )
    
    
    (18,653,111
    )112
    
    Gross Credit Losses
    
    
    (46
    )
    
    
    (889,056
    )
    
    
    (950,530
    )113
    
    Early Terminations
    
    
    (719
    )
    
    
    (14,685,872
    )
    
    
    (13,813,839
    )114
    
    Scheduled Terminations
    
    
    (1,211
    )
    
    
    (24,089,541
    )
    
    
    (22,906,812
    )115
    
    Repurchase/Reallocation
    
    
    
    
    
    
    
    
    
    
    116
    
    Pool Balance - End of Period
    
    
    56,893
    
    
    
    1,256,016,575
    
    
    
    1,153,437,082117
    
    Delinquencies Aging Profile - End of Period
    
    Units
    
    
    Securitization Value
    
    
    Percentage118
    
    Current
    
    
    56,100
    
    
    
    1,138,466,636
    
    
    
    98.70
    %119
    
    31 - 90 Days Delinquent
    
    
    658
    
    
    
    12,349,038
    
    
    
    1.07
    %120
    
    90+ Days Delinquent
    
    
    135
    
    
    
    2,621,408
    
    
    
    0.23
    %121
    
    Total
    
    
    56,893
    
    
    
    1,153,437,082
    
    
    
    100.00
    %122
    
    Credit Losses:
    
    
    
    
    
    Units
    
    
    Amounts123
    
    Aggregate Securitization Value on charged-off units
    
    
    
    
    
    
    46
    
    
    
    950,530124
    
    Aggregate Liquidation Proceeds on charged-off units
    
    
    
    
    
    
    
    
    
    
    (630,284
    )125
    
    Recoveries on charged-off units
    
    
    
    
    
    
    
    
    
    
    (63,944
    )126
    
    Current Period Aggregate Net Credit Losses/(Gains)
    
    
    
    
    
    
    46
    
    
    
    256,302127
    
    Cumulative Net Credit Losses:128
    
    Beginning Cumulative Net Credit Losses
    
    
    
    
    
    
    296
    
    
    
    2,066,003129
    
    Current Period Net Credit Losses
(Item 119)
    
    
    
    
    
    
    46
    
    
    
    256,302130
    
    Ending Cumulative Net Residual Losses
    
    
    
    
    
    
    342
    
    
    
    2,322,305131
    
    Cumulative Net Credit Losses/(Gains) as a % of Aggregate Initial Securitization Value
    
    0.14
    %




---



##### 



Volkswagen
Auto Lease Trust 2005-A
MONTHLY SERVICER CERTIFICATE
For the collection period ended 1-28-2006
    
    
    
    PAGE 4
 SCHEDULED REDUCTION IN AGGREGATE SECURITIZATION VALUE
 ScheduledPayment Date
    
    Reduction(1)03/20/2006
    
    37,356,57804/20/2006
    
    34,334,73805/20/2006
    
    32,026,90406/20/2006
    
    29,169,69707/20/2006
    
    31,440,47108/20/2006
    
    46,178,77209/20/2006
    
    46,257,89110/20/2006
    
    46,450,26611/20/2006
    
    47,153,43612/20/2006
    
    48,408,01901/20/2007
    
    48,210,69802/20/2007
    
    40,266,89303/20/2007
    
    32,702,67604/20/2007
    
    33,955,24005/20/2007
    
    33,028,71306/20/2007
    
    26,341,31007/20/2007
    
    28,402,98808/20/2007
    
    33,423,77309/20/2007
    
    34,840,94010/20/2007
    
    39,559,64711/20/2007
    
    33,154,90312/20/2007
    
    30,959,77501/20/2008
    
    27,665,34602/20/2008
    
    21,726,76303/20/2008
    
    33,820,56904/20/2008
    
    45,034,86005/20/2008
    
    26,938,34906/20/2008
    
    32,114,18007/20/2008
    
    32,867,09908/20/2008
    
    22,847,38209/20/2008
    
    21,129,18910/20/2008
    
    19,930,94811/20/2008
    
    14,680,09712/20/2008
    
    20,802,86401/20/2009
    
    15,696,89302/20/2009
    
    846,59003/20/2009
    
    203,22404/20/2009
    
    204,38705/20/2009
    
    157,23506/20/2009
    
    183,27907/20/2009
    
    201,36208/20/2009
    
    238,13909/20/2009
    
    264,77010/20/2009
    
    505,42511/20/2009
    
    614,53712/20/2009
    
    783,51801/20/2010
    
    342,46002/20/2010
    
    11,29603/20/2010
    
    1,58404/20/2010
    
    412Total:
    
    1,153,437,082
 (1)
    
    This column represents the monthly reduction in the Aggregate Securitization Value, assuming(1) each collection period is a calendar month rather than a fiscal month,(2) timely receipt of all monthly rental payments and sales proceeds,(3) no credit or residual losses and(4) no prepayments (including defaults, purchase option exercises  or other early lease terminations).Actual cash flows are likely to vary from these amounts.